Bitcoin Lawsuit Heats Up With More Bonded Courier Tales

During the last few days, cryptocurrency participants have been discussing the notorious Kleiman v. Wright lawsuit as new developments have revealed a third party provided Craig Wright with the necessary information to unlock an encrypted file he could not access previously. Additionally, another court filing explains that Wright provided the court with a list of his “bitcoin holdings” so he can comply with the court magistrate’s prior orders. Also read: Scottish Novelist Andrew O’Hagan Asked to Testify in Kleiman v. Wright Lawsuit Craig Wright Reveals a Third Party Has Provided…

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More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?

Bitcoin scam ads featuring Martin Lewis appear on Instagram less than a year after Lewis settled a defamation suit with Facebook. Suspected crypto con artists are once again using the likeness of British financial expert Martin Lewis to defraud unsuspecting victims. In 2019, Lewis settled a defamation suit against Facebook for similar Bitcoin (BTC) scam adverts. Instagram says deceptive advertisements have no place on its platform and plans to continue improving its detection protocols for such content. Social platforms have been known to censor crypto-related content, instituting blanket bans on crypto…

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Bitcoin Futures Hit 3-Month High in Frenetic Tuesday Trading

January 14 was the best trading day of the year for many cryptocurrencies, which saw double or even triple-digit percentage gains. It was also a good day for futures markets, where more than $25 billion in trades was placed on Tuesday. The result constituted the busiest day for futures in almost three months, with the Binance-affiliated FTX seeing much of the action. Also read: Institutional and Retail Bitcoin Futures Demand Continues to Climb Bitcoin Shenanigans Get Futures Traders Buzzing Tuesday, Jan. 14 was all about bitcoin – all the bitcoins,…

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Kraken Hires Former CoinDesk Editor Pete Rizzo to Content Department

Pete Rizzo, long-time CoinDesk Editor-in-Chief, has started work at crypto exchange Kraken’s content production department. Pete Rizzo, former editor-in-chief at leading crypto news outlet CoinDesk, has started a new position at cryptocurrency exchange Kraken. Per a Jan. 15 announcement from Kraken, Rizzo’s new role as Editor-at-Large will entail responsibility for content production for the company’s new products and services. Departure from CoinDesk and the new role Regarding the shift in positions, Rizzo said “At this stage in my career, I wanted the opportunity to work with a larger team that…

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NBA’s Kings Continue Reign Over Crypto-Fan Collab with Live Auction Platform

Though their market is small, their reach is mighty. The National Basketball Association’s (NBA) Sacramento Kings are at it again and will tip off a live auction for gear with a blockchain-based app. Though their market is small, their reach is mighty. The National Basketball Association’s (NBA) Sacramento Kings are at it again and will tip off a live auction for gear with a blockchain-based app.  On Jan. 15, the team announced its new live auction platform with blockchain development firm ConsenSys. Starting tonight, fans can bid live on in-game…

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Swiss Real Estate Company Closes A $134 Million Deal Using Blockchain

Real estate deals happen all the time, but not like this. A building on the prestigious Banhofstrasse in Zurich, Switzerland was successfully tokenized and sold on the blockchain today. The new owner of the building is Swiss real estate investment company BrickMarket. The company has issued bond-backed crypto tokens that figuratively represent “shares” of ownership in the building,. Those tokens are for sale to individuals who want to cut themselves in on earning some of the building’s rental income and benefit from any rise in the property’s value. Here’s a…

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Indian Supreme Court Resumes Hearing Crypto Case in Detail

India’s supreme court spent all day hearing arguments against the crypto banking ban by the Reserve Bank of India (RBI) on Wednesday. The counsel for the Internet and Mobile Association of India presented extensive arguments to convince the court that the central bank acted outside its jurisdiction and power in placing a banking restriction on the crypto industry. Also read: Regulatory Roundup – EU-Wide Crypto Regulations, New Rules in Europe, US, Asia Supreme Court Resumes Hearing Crypto Case The Supreme Court of India resumed hearing the crypto vs. RBI case…

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Anchorage Acquires Merkle as Part of Trading Service Launch

Crypto custodian Anchorage announced the acquisition of Merkle Data as part of its institutional crypto brokerage offering. Crypto custody company Anchorage now offers a crypto brokerage service, acquiring Merkle Data to further the service.  Anchorage has introduced an institutional crypto trading service called Anchorage Trading, and has acquired institutional-grade risk management and analytics software company Merkle Data to enhance the endeavor, Anchorage co-founder and CEO Nathan McCauley said in a Jan. 15 post on Anchorage’s blog.  Institutional crypto trading Anchorage’s new offering allows institutional players to trade crypto assets via…

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Malaysia Looks to Tie Token Offerings to Exchanges

A day after an investor alert on Initial Exchange Offerings (IEO’s), the US SEC—which has levied severe penalties—the Securities Commission Malaysia (SC) published a regulatory guide on digital token offerings in the country. Following the US SEC’s investor alert against Initial Exchange Offerings (IEO’s), Malaysia’s regulator has published a regulatory guide requiring token offerings in the country be attached to exchanges. A breakdown of Malaysia IEOs A report from Malaysia’s Securities Commission (SC) makes clear that digital tokens are to be used only for goods and services and within strict…

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Remembering Tamás Blummer, Pioneering Bitcoin Developer

Tamás Blummer, a Bitcoin developer since 2012 and founder of several groundbreaking Bitcoin-focused projects, reportedly passed away on January 12, 2019, after a long fight with cancer. Among Blummer’s contributions to the Bitcoin ecosystem were Rust Bitcoin, a project focused on creating a Bitcoin network library written in the Rust programming language; CoinTerra, an early ASIC miner manufacturer; and Bitcoin technology company Bits of Proof, which was acquired by decentralized finance company Digital Assets Holdings, where Blummer served as the chief ledger architect. “RIP @TamasBlummer,” tweeted Adamant Capital partner Tuur…

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